House Building Advance: RBE No.197/2000 – Repaying Capacity
No.F(E) Spl.2000/ADV 3/7, dated 16.11.2000
Sub: Revision of House Building Advance Rules Computation of repaying capacity regarding.
A copy of Ministry of Urban Development & Poverty Alleviation’s O.M. No.1/17015/16/92/H.III, dated 17th October, 2000 on the above subject to sent herewith for information and guidance. Instructions contained therein would apply to Railway servants’ mutatis-mutandis.
Copy of Ministry of Urban Development’s
O.M. No.1/17015/16/92/H.III, dated 17.10.2000
OFFICE MEMORANDUM
Sub: Revision of House Building Advance Rules – Computation of Repaying Capacity regarding.
1. The undersigned is directed to invite attention to this Ministry’s O.M. No.1/17011/13/86-H.III, dated 24.06.1987 read with O.M. No.1/117015/16/92-H.III, dated 30.04.1993, wherein procedure has been prescribed for computing the repaying capacity of the applicant Govt. servant for the purpose of grant of House Building Advance to them. The matter has since been examined in consultation with Ministry of Personnel, Pension and Public Grievances and Ministry of Finance and in suppression of aforesaid OMs dated 24.06.1987 & 30.04.1993, it has been decided that the repaying capacity of Government Servants for purpose of House Building Advance shall henceforth be computed as under:
| Length of remaining service | Revised slab of Repaying Capacity |
| (i) Official retiring after 20 years | 40% of pay (basic pay + stagnation increment + NPA) |
| (ii) Official retiring after 10 years but not later than 20 years. | 40% of pay (basic pay + stagnation increment + NPA). 65% of DCRG may also be adjusted. |
| (iii) Official retiring within 10 years | 50% of pay (basic pay + stagnation increment + NPA). 75 of DCRG may also be adjusted. |
2. This comes into effect from the date of issue.
3. This issues in consultation with C&AG of India, in so far as persons working in the Indian Audit and Accounts Deptt. are concerned.
Download Railway Board Circular RBE No.197/2000
Forward reference ⇒ RBE No.